Research Article

[Retracted] New Environmental Protection Taxes in China from the Perspective of Environmental Economics

Table 2

Bayesian estimation results.

ā€‰Prior meanPost. Mean90%HPD intervaldistpstdev

Parameters
rhoa0.850.89260.84270.9401Beta0.05
rhog0.950.97390.9540.9927Beta0.05
rhot0.450.42910.3570.4985Beta0.05

std of shocks
e_a0.010.0060.00490.0071invgInf
e_t0.010.03280.02640.0385invgInf
e_g0.010.06480.05030.0798invgInf